California Public Employees Retirement System Portfolio holdings
The California Public Employees’ Retirement System (CalPERS), established in 1932 and headquartered in Sacramento, California, is the largest public pension fund in the U.S., managing over $510 billion in assets as of late 2024 to provide retirement and health benefits to more than 2 million state and local government employees, retirees, and their families. Operating as a defined benefit plan, CalPERS invests globally across equities, fixed income, real estate, private equity, and infrastructure, guided by a 13-member board and a commitment to sustainable investing and ESG (environmental, social, governance) principles under Chief Investment Officer Ben Meng since 2024. Known for its influential shareholder activism—pushing for corporate governance reforms—CalPERS serves over 3,000 employers, including state agencies and school districts, balancing long-term funding needs with a $100 billion unfunded liability challenge. As a cornerstone of California’s public sector, it blends financial stewardship with a mission to secure retiree livelihoods.
Top Buys
| 1 |
Verizon
VZ
|
+$165M |
| 2 |
Oracle
ORCL
|
+$139M |
| 3 |
CME Group
CME
|
+$99.7M |
| 4 |
Gilead Sciences
GILD
|
+$94.9M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$94.2M |
Top Sells
| 1 |
SPDR S&P 500 ETF Trust
SPY
|
+$334M |
| 2 |
RTX Corp
RTX
|
+$289M |
| 3 |
iShares MSCI EAFE ETF
EFA
|
+$201M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$192M |
| 5 |
Humana
HUM
|
+$149M |
Sector Composition
| 1 | Technology | 19.65% |
| 2 | Financials | 13.7% |
| 3 | Healthcare | 13.67% |
| 4 | Consumer Discretionary | 9.89% |
| 5 | Consumer Staples | 9.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
CIT
1201
DELISTED
CIT Group Inc.
CIT
| $3.78M | ﹤0.01% |
218,882
-21,998
| -9% | -$380K |
|
1202
Select Medical
SEM
$1.5B
| $3.77M | ﹤0.01% |
466,910
-22,022
| -5% | -$178K |
|
|
RARX
1203
DELISTED
Ra Pharmaceuticals, Inc. Common Stock
RARX
| $3.77M | ﹤0.01% |
78,619
-2,100
| -3% | -$101K |
|
1204
Commault Systems
CVLT
$8.43B
| $3.76M | ﹤0.01% |
92,865
+3,813
| +4% | +$154K |
|
1205
LCI Industries
LCII
$2.41B
| $3.75M | ﹤0.01% |
56,170
-44,069
| -44% | -$2.95M |
|
1206
Genworth Financial
GNW
$3.51B
| $3.74M | ﹤0.01% |
1,126,436
+16,500
| +1% | +$54.8K |
|
1207
NETSCOUT
NTCT
$1.81B
| $3.74M | ﹤0.01% |
157,916
-51,500
| -25% | -$1.22M |
|
1208
John Wiley & Sons Class A
WLY
$2.25B
| $3.74M | ﹤0.01% |
99,622
+900
| +0.9% | +$33.7K |
|
1209
TriNet
TNET
$3.33B
| $3.72M | ﹤0.01% |
98,801
-6,600
| -6% | -$249K |
|
1210
Quaker Houghton
KWR
$2.44B
| $3.72M | ﹤0.01% |
29,424
-4,974
| -14% | -$628K |
|
1211
Werner Enterprises
WERN
$1.71B
| $3.71M | ﹤0.01% |
102,431
-28,336
| -22% | -$1.03M |
|
1212
World Kinect Corp
WKC
$1.45B
| $3.7M | ﹤0.01% |
146,806
-45,545
| -24% | -$1.15M |
|
1213
uniQure
QURE
$794M
| $3.67M | ﹤0.01% |
77,400
-37,293
| -33% | -$1.77M |
|
1214
Sabre
SABR
$734M
| $3.66M | ﹤0.01% |
617,809
-759,160
| -55% | -$4.5M |
|
1215
ABM Industries
ABM
$2.74B
| $3.65M | ﹤0.01% |
149,840
-7,500
| -5% | -$183K |
|
1216
Federal Signal
FSS
$7.64B
| $3.65M | ﹤0.01% |
133,802
-79,328
| -37% | -$2.16M |
|
|
VG
1217
DELISTED
Vonage Holdings Corporation
VG
| $3.65M | ﹤0.01% |
504,532
-24,798
| -5% | -$179K |
|
|
CCXI
1218
DELISTED
ChemoCentryx, Inc.
CCXI
| $3.64M | ﹤0.01% |
90,685
+16,585
| +22% | +$666K |
|
1219
Kennedy-Wilson Holdings
KW
$1.21B
| $3.63M | ﹤0.01% |
270,527
+5,359
| +2% | +$71.9K |
|
1220
Plains All American Pipeline
PAA
$12.2B
| $3.63M | ﹤0.01% |
686,862
-32,855
| -5% | -$173K |
|
1221
SPS Commerce
SPSC
$4.09B
| $3.63M | ﹤0.01% |
77,984
-28,422
| -27% | -$1.32M |
|
1222
KB Home
KBH
$4.45B
| $3.62M | ﹤0.01% |
200,038
-20,225
| -9% | -$366K |
|
1223
Avient
AVNT
$3.27B
| $3.58M | ﹤0.01% |
188,624
-47,043
| -20% | -$892K |
|
1224
Dynatrace
DT
$14.4B
| $3.58M | ﹤0.01% |
149,956
+41,062
| +38% | +$979K |
|
1225
Acadia Healthcare
ACHC
$2B
| $3.57M | ﹤0.01% |
194,524
-90,862
| -32% | -$1.67M |
|